No collection value.

The value of the wrong coin

If it is a genuine coin and it is really wrong, the price ranges from a few hundred to tens of thousands of yuan. The condition of the coin is the life of the coin and must be protected. Good condition, if the condition is poor, the price will not go up.

Some other so-called "auction companies" are committing fraud under the guise of being "worth millions". Everyone should be vigilant and not to be deceived.

Currently the first set of RMB, the second set of RMB (but I have never seen anything except unnumbered banknotes), the third set of RMB, the fourth set of RMB, the fifth set of RMB, celebrating the Chinese people Wrong coins (defective coins) were all found in commemorative banknotes commemorating the 50th anniversary of the founding of the People's Republic of China, treasury bills of the People's Republic of China, and foreign banknotes.

Extended information

Case introduction

People's Bank of China: "Wrong version" of RMB has no collection value. Citizens should not trust the high returns given by auction companies .

"Recently, I read news reports that someone collected a 'wrong version' of RMB, which has high collection value. Suddenly I remembered that I also have a 'wrong version' of RMB 100 yuan, and the watermark is upside down." September On the 14th, the reporter saw the "90" version of RMB held by Mr. Wang in a guest house on Dongxiaoyi Road. He could clearly see that the watermark was upside down. "I don't know if it really has collection value."< /p>

That morning, Mr. Wang took out a flat fourth set of 1990 version of 100-yuan RMB, numbered DS17490652. On the surface, there is nothing unusual about this hundred-yuan bill, but when facing the sun, you can clearly see that the watermarked portrait of Chairman Mao on the left side of the front is upside down.

According to Mr. Wang, in 1996, he and his wife were still running a restaurant, and his wife received this RMB when collecting money. At that time, his wife looked carefully and found that the watermark was upside down, but based on her experience, she thought it was a genuine coin. "At that time, I knew that the 'wrong version' had a certain collection value, so I collected it."

Mr. Wang said that this year, people have been collecting this "wrong version" for almost 20 years. In the information age, his daughter has taken pictures of the "wrong version" of the RMB and uploaded them online. People from Shanghai auction houses, Jiangsu and other places contacted him and offered bids of two to three million, which sounded very tempting indeed.

But he thinks this is not reliable, because once the auction process is entered, a certain appraisal fee and other fees will be charged in advance. If the auction does not go out, you will have to bear these costs yourself. He hopes that his "wrong version" of RMB can be collected by real enthusiasts.

According to Section Chief Li of the Monetary and Gold and Silver Department of the People's Bank of China, he has not seen this RMB and does not know whether it is a "wrong version" of the RMB made through some means, a counterfeit currency, or whether it is really a currency. A "defective" product that came out of the mint, but in either case has no collectible value.

The so-called "wrong edition" RMB collection value has been promoted as high as several million. It is nothing more than an "evaluation fee" thrown by auction companies or collection management units in order to earn a certain proportion of "review fees" from collectors. "Bait", so collectors must not be fooled when encountering this situation and treat it with caution.

Baidu Encyclopedia - Wrong Version of RMB

People's Daily Online - Someone bid two to three million for a wrong version of RMB